Description

An exceptional development opportunity in the heart of downtown flushing — one of nyc’s fastest-growing and most vibrant neighborhoods. this site is situated directly on main street, surrounded by major retail, restaurants, banks, and transportation hubs. the site offers high foot traffic, outstanding visibility, and is zoned for mixed-use development. key highlights: • approved architectural plans – all dob approvals in place • foundation already partially built – approx. 1/3 complete • zoning: c4-3 • lot size: approx. 4,778.7 sf • total gross building area (gba): 30,083 sf • zoning floor area (zfa): 22,904 sf • far: 4.79 (max allowed 4.8) approved building program: • 1st floor: commercial/retail • 2nd–5th floors: hotel use (use group 5a) • 6th–9th floors: residential (8 approved units; max 11 possible) • community facility space: available for medical or institutional use • parking: exempt (under 25 required spaces per nyc zr 25-23) investment advantages: • prime location with unparalleled foot traffic and access to the 7 train subway terminal • all plans approved — save 6–12 months in entitlement time • partial foundation complete — fast-track construction • mixed-use program allows flexible income strategy: hotel, retail, residential, and community facility • strong end-user or investor play with high projected returns in flushing’s robust market

• Property Type

  Land

• County

  Queens

• Style

  Land

• AD ID

  49558042